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OPINION

Policy options for an overvalued baht

News, Chartchai Parasuk, Published on 25/12/2025

» This is the last article of 2025. I have to thank readers for following my articles throughout the years. I believe I wrote my first article for the Bangkok Post in January 2020. So, it has been a five-year collaboration with the paper. Thank you, Bangkok Post.

OPINION

Problems await the new BoT governor

Oped, Chartchai Parasuk, Published on 04/09/2025

» The first problem incoming Bank of Thailand (BoT) governor Vitai Ratanakorn will face is political uncertainty.

OPINION

Tariff talks are unlikely to go as planned

Oped, Chartchai Parasuk, Published on 24/07/2025

» It is only a week away from the Aug 1 deadline when the 36% reciprocal tariff levied on Thai exports to the US will take effect.

OPINION

BoT is absolutely right in holding rates

Oped, Chartchai Parasuk, Published on 22/02/2024

» The whole country -- the government, its economic agencies, private economic research houses, the private sector, and academics -- is accusing the Bank of Thailand (BoT) of being stubborn for refusing to lower interest rates to support the weak economy, aka, the economy in crisis.

OPINION

Part 2: Managing household debt

Oped, Chartchai Parasuk, Published on 06/04/2023

» This is the second article, Managing Household Debt, of the Changing Thailand series.

OPINION

Risk of global financial crisis spiking

Oped, Chartchai Parasuk, Published on 03/11/2022

» I am writing this article in Tokyo. Judging from my walks around the city during the past week, and despite the fact everyone is wearing face masks, it's like Covid has vanished. Subways and trains are jam-packed and shopping areas are full of people. However, the pandemic has left some scars. Many shops have gone under, including my favourite 50-year-old sushi restaurant.

OPINION

Spectre of 2023 global recession looms

Oped, Chartchai Parasuk, Published on 19/05/2022

» In economics, there is no such thing as a surprise. Major economic events like rising inflation, interest rate hikes, currency depreciation, even economic recession can be detected as far as a year ahead.

OPINION

Tonic needed as inflation is here to stay

Oped, Chartchai Parasuk, Published on 27/01/2022

» Inflation is, and will be, the number one economic issue of 2022. All countries are facing rapid rises in consumer prices which is threatening not only their economic recovery from the Covid outbreak but also the stability of many governments. The US consumer price index (CPI) hit a 39-year high at 7% in December 2021, prompting Goldman Sachs to predict that the Federal Reserve Board might raise interest rates four times this year.

OPINION

Omicron's threat to global supply chain

Oped, Chartchai Parasuk, Published on 13/01/2022

» By definition, a supply chain disruption is any event that causes a disruption in the production, sale, or distribution of products. Supply chain disruptions can include events such as natural disasters, regional conflicts, and pandemics.

OPINION

Can Omicron spur a Great Depression?

Oped, Chartchai Parasuk, Published on 02/12/2021

» The emergence of a new Covid-19 variant -- Omicron -- has caused quite a stir globally just as many nations are on the recovery track from the Delta variant. Scientists worry that the latest strain first detected in South Africa has as many as 50 mutations, 32 of them on the spike protein which theoretically makes it much more transmissible than the Delta variant.